FHA Loans

An FHA loan is a mortgage that is insured by the Federal Housing Administration (FHA), a government agency within the U.S. Department of Housing and Urban Development (HUD). These loans are designed to help borrowers who may have lower credit scores, smaller down payments, or limited financial resources to qualify for a mortgage. Read more FHA Loan

Conventional Loans

A conventional loan is a type of mortgage that is not insured or guaranteed by a government agency, such as the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), or the U.S. Department of Agriculture (USDA). Instead, these loans are offered by private lenders, such as banks, credit unions, and mortgage companies. Read more Conventional Loans

VA loans

A VA loan is a type of mortgage loan available to eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. These loans are guaranteed by the U.S. Department of Veterans Affairs (VA), which allows lenders to offer favorable terms to qualified borrowers. Read more VA Loans

Investment Loans

Investment loans are a type of financing specifically designed for purchasing income-generating properties, such as rental homes, commercial real estate, or other investment properties. These loans differ from traditional home mortgages, as they cater to investors who plan to make money from their real estate investments rather than use the property as a primary residence. Read more Investment loans

DSCR Loans (Debt Service Coverage Ratio)

A DSCR loan, or Debt Service Coverage Ratio loan, is a type of mortgage typically used by real estate investors to finance income-generating properties. Instead of relying heavily on the borrower’s personal income or credit score, the loan approval is based on the property’s ability to generate enough income to cover its debt obligations. Read more DSCR Loans

Vacant Land Loans

Vacant land loans are specialized financing options used to purchase undeveloped land or land without any buildings on it. These loans are often more complex and come with different terms compared to traditional home mortgages because lenders view land as a riskier investment. Read more Vacant Land loans

Fix & Flips Loans

Fix & Flip loans are short-term, hard money loans designed for real estate investors who purchase distressed properties, renovate them, and then quickly sell them for a profit. These loans are tailored to the needs of investors who need quick access to capital to acquire and rehabilitate properties with the intention of reselling them within a short period, typically within 6 to 18 months. Read more Fix and Flip Loans

Construction Loans

A construction loan is a type of short-term financing used to fund the building or renovation of a home or other real estate project. Unlike traditional mortgage loans, which are based on the value of an existing home, construction loans are based on the projected value of the property once construction is completed. Read more Construction Loans

Round-Up Construction loans

A roundup construction loan, also known as a “construction-to-permanent loan” or “one-time close” loan, is a financing solution that combines the construction loan and the permanent mortgage into one single loan. This type of loan simplifies the financing process for home construction by allowing the borrower to avoid multiple loan applications, approvals, and closings. Read more
Roundup Construction Loans

HELOC – Line of credit

A Home Equity Line of Credit (HELOC) is a flexible loan option that allows homeowners to borrow against the equity in their home. Unlike a traditional loan, a HELOC provides a revolving line of credit that can be used for various purposes, such as home improvements, debt consolidation, or unexpected expenses. This type of loan offers the convenience of drawing funds as needed, making it a popular choice for those looking to leverage their home equity. Read more Heloc – Line of Credit

Second Mortgage

A closed-end second mortgage, also known as a closed-end home equity loan, is a type of loan that allows homeowners to borrow a lump sum of money using their home as collateral. This loan is called a “second” mortgage because it is taken out in addition to the primary mortgage. Unlike an open-end second mortgage or a home equity line of credit (HELOC), a closed-end second mortgage provides the entire loan amount upfront and does not allow for additional withdrawals once the loan is disbursed. Read more Second Mortgage